Andorra Exports

Andorra is open to international trade offering advantageous possibilities for international suppliers and exporters. Despite not being a member of EU, Andorra is treated as a member of European Union in connection of trading manufacturing goods, but as a non-EU member as to agricultural goods. There are no customs duties in Andorra. This factor makes the country in question easily accessible for importers and exporters as there are no trade barriers. Consequently Andorra has become an important international hub of retail trade attracting millions of shoppers from all over Europe and many countries of the world.

It should be noted that Andorra imports much more than it exports. The top trading partner of the country is the EU, especially Spain and France. Main exports of Andorra include cigarettes and cigars, mineral water, furnitureand postage stamps.

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Andorra Imports

Andorra is very open to international trade. Tourism, retail sales, and finance are the mainstays of Andorra's tiny, well-to-do economy, accounting for more than three-quarters of GDP. Andorra's duty-free status for some products and its summer and winter resorts attract millions of visitors annually, although the economic downturn in neighboring countries has curtailed the number of tourists.

Andorra has a status of a low tax and duty-free zone country. These factors have led to the development of trade in consumer goods. Currently, foreign trade along with tourism represent the major components of the economy of Andorra.

However, Andorra's exports are a relatively minor activity as opposed to the level of imports. Since the late 1990s, imports of products into the country exceeded exports about twenty-fold.

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Customs requirements of Andorra

Andorra is very open to international trade. It offers advantageous fiscal legislation. In spite of not being a member of the European Union, the country is treated as an EU member in terms of trading manufacturing goods (without applying customs duties). Customs duties do not exist in Andorra, the country is easily accessible. There are no trade barriers in Andorra. This has made of Andorra an important international center of retail trade that attracts millions of shoppers from all over Europe.

No regulations other than those of France or Spain, whichever must be transited to reach Andorra. Andorra itself is duty free.